The results of the 2022 Federal Reserve Stress Test published last week reveal that the 11 largest US banks would incur combined trading losses of USD 100bn under a hypothetical…
In this article, Orbit36 discusses how today’s change in the SNB policy rate from -0.75% to -0.25% and the possible abandonment of the negative interest rate regime will impact the profitability of banks in Switzerland.
At year-end 2021, banks in Switzerland had more than a trillion of client deposits in Swiss francs on their balance sheets. The vast majority of these deposits is bearing no…